HPQ

Shares of HP (NYSE: HPQ) are little changed in after-hours trading after the company reported earnings for its fourth quarter of Fiscal Year 2022. Adjusted earnings per share came in at $0.85, which beat analysts' consensus estimate of $0.84 per share. Sales decreased 11.2% year-over-year, with revenue hitting $14.8 billion. This was higher than the $14.676 billion that analysts were looking for. Looking forward, management now expects adjusted earnings per share for Q1 2023 to be in the range of $0.70 to $0.80. For reference, analysts were expecting an adjusted EPS of $0.86.
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